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PACS GROUP INC (PACS)

Health Care · Skilled nursing and post-acute care facility operations · NYSE

A rapidly growing post-acute care operator transforming underperforming skilled nursing facilities into high-acuity short-term transitional care centers through a locally autonomous, centrally supported model.

What PACS GROUP INC does

PACS Group is a leading post-acute care healthcare company that operates 321 skilled nursing facilities (SNFs) across 17 states, serving over 31,700 patients daily. The company specializes in acquiring and transforming underperforming long-term custodial care facilities into higher-acuity short-term transitional care SNFs. It operates through a locally led, centrally supported model where facility administrators have autonomy while receiving comprehensive support through PACS Services, which provides technology, back-office, accounting, compliance, and clinical support services.

Themes: ["Skilled nursing / post-acute care","Healthcare facility operations","Transitional care","Medicare/Medicaid reimbursement"]

Fundamentals

Dividend: 1-year non-decreasing per-share dividend streak (SEC XBRL).

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Key risks (from latest filing)

["Heavy dependence on third-party payor reimbursement (Medicare, Medicaid) and vulnerability to changes in payment methodologies, bundled payments, or cost-containment initiatives that could reduce revenue","Significant labor cost pressures and shortages of nurses and skilled personnel, which could increase operating costs and subject the company to regulatory fines","Geographic concentration of facilities (particularly in California) creating vulnerability to local economic downturns, regulatory changes, natural disasters, and state healthcare deregulation efforts"]

See PACS's biggest risks from its latest 10-Q →

Competitors & peers

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Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.

Last updated 2026-07-09.

Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.